Simplest answer to this question is to read J Scott's book on flipping houses.

Figure out what you are trying to accomplish, and then look for the simplest structure that will accomplish that.Generally working with irrevocable trusts is primarily an estate tax planning tool. 

A quitclaim deed might be the simplest and cheapest, but a trust could offer more protection and control. 

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

Simplest way is to google the name, check here on BP….

If your parents can wait that long it's the simplest.

If you can wait until the lease is up, that's going to be the simplest option. 

Buy and Hold - Simplest strategy with least risk.

I am a big fan of the idea of Occam's razor or finding the simplest solution to a problem with the least amount of steps or variables.That being said and not knowing your exact specifics I will give you an example.You could buy 7 houses in Lansing, Michigan for $50,000 each for $350,000.

Nor of the simplest most basic research to have an ounce of a clue who I am at what I stand for, more or less my age or nationality (when I speak of 2nd/3rd world nations, it's because I have actually been to them).